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[Music] yes your employees really do matter they matter to you they matter to your business and ultimately their matter to business success my names Natasha Hawker from employee matters and in this video were going to look at what is a fixed term contract and why might you like to use one you know what its like when youre not entirely sure what work is in your pipeline thats going to come off or you may not be sure that you can afford or even have the budget or the workload for an ongoing employee salary most businesses dont consider the option of a fixed term contract as another tool for hiring a fixed term employee contract expires at a specified date so for example the contract terminates on the 30th of June no one needs to resign and no ones role needs to be terminated the arrangement just ceases on that date at that point the employment relationship ends or it could be extended in another fixed term contract or they could transition to a permanent employee with no end date
